What does Snap! Raise submit during the Know Your Customer process?

Our payment partner, WePay, requires us to collect and verify certain information about our customers. This is known as Know Your Customer or commonly referred to as KYC. They must verify your organization, your affiliation with the organization, and then you as an individual. Should the information be unverifiable, we may require additional documentation. Protecting your information is our priority. Snap! Raise takes data security very seriously. All organization and personal information is transmitted directly to our payment processor using industry-leading security practices.

First, we need to know the type of entity your organization is based on how you are filed with the IRS and your job title with the organization. 

Account Details:

1. Entity Type

2. Merchant Category Code (MCC)

3. Account Controller Job Title

Depending on your organization's entity type, the KYC form will update to ensure we submit the correct information over to our payment processor to what you have currently filed with the IRS. 

Organization Details:

Next, we need to successfully verify the organization's details. 

Required Organization Information

  1. Legal Organization Name
  2. Employer Identification Number
  3. Year of Formation
  4. County of Formation
  5. Legal Physical Address
  6. Description of your Organization
  7. Phone Number of your Organization

Personal Details:

Lastly, a controller is required for every fundraiser to ensure we adhere to all anti-money laundering laws. Our payment partner will securely validate your details.

Required personal information

  1. Legal First and Last Name
  2. Personal Address (as listed on your driver's license)
  3. Phone Number
  4. Birthdate
  5. Last 4 digits of SSN

As always, if you have any questions regarding this information our Snap! Raise Team is here to help you! Please feel free to give us a call at (206) 285-0906 or email us directly at support@snap-raise.com